Reuters: The U.S. Securities and Exchange Commission has ruled Exxon Mobil Corp must include a climate change resolution in its annual shareholder proxy, a defeat for the world's largest oil producer, which had argued it already provides adequate carbon disclosures.
In a Tuesday letter to Exxon seen by Reuters, the SEC said the oil producer cannot keep a proposal spearheaded by New York state's comptroller from a full shareholder vote at the company's annual meeting in May.
If approved, the proposal...